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, evidence that the dot comes are alive and kicking. linkedin shares are rallying. >> bulls are carrying on, on wall street, as they react to the jobs report. >> jane king is live with the latest. hang on, jane. buckle in. >> no kidding. this has been crazy. we're up today. we have the job report coming out a bit better than expected last month. the numbers, in july, the u.s. created 117,000 jobs. we expected 85,000. so a little bit better than expected. jobless rate dropping, actually, to 9.1% from 9.2%. in california, currently stands at 11.8%. so that is much higher than the rest of the country. so let's see how the market is doing after that bloodbath that we had yesterday. a bit of a rebound here this morning. the dow is up 100 points. s&p and nasdaq all trading higher. the big question is this going to ease fears of recession and banking crisis in europe? the shares of mountain view based linked-in soaring. in their case, the job market, weak one is helping out the social networking company. they have sales from hiring surface tripled. the bad news for brocade communication, they lowe
. >> and the changes linkedin is maybing after an up roar over priv acy. . >>> more than 90 bands and 2 hub thousand fans over a three day period in golden gate park. david stevenson is here and besides the music it was bringing in a lot of temporary jobs and a lot of money. >> reporter: fake a look. take a look. you can see some of the thousands of fans screaming through. 60,000 expected for the first day of outside lands. crowds packed san francisco's golden gate park on the opening day of the outside lands festival. . >> i love grateful dead. >> reporter: 60,000 are expected each day for a mix of cutting edge music and gourmet food and wine. >> we have 100 different wines being served from around the bay area, california area, it's a very local event. >> reporter: for vendors an opportunity to get their war es in front of an international audience. >> gives us access to about 180,000 people i can't get in my wine bars. >> reporter: city leaders hope for a big boost to the economy. outside lands organizers think the festival will create 4500 temporary jobs and $6 million in spending. >> any ti
up, teal was also up as well as hewlett-packard and linkedin. >> the united states is now no. 1 when it comes to wine sales. that is according to the wine institute in san francisco. the group says last year, total united states won consumption surpassed france for the first time ever. industry experts say people are getting more value for to the board also one is part of the reason. the increased revenue has helped the industry, u.s. exports are written 1 billion last year, an increase of more than 25% from 2009. >> in the news around the bay, a daring heist from santa rosa. a gunman robbed an armored car company. this was the scene at the armored car service on north point parkway. the crux entered and rocked the employees locking them behind steel >> one of the police called police indicating that he had been locked inside and robbed. once we're able to free the employees we found that they were unharmed. >> the suspects got away with an undisclosed amount of cash. at 25 under dollars reward is being offered in this case. there have been no arrests made. >> the man convicted of ki
linkedin, were off. one winner today, gold. a new record for gold futures today, topping $1,720 an ounce. all this selling, which has been going on for the better part of two weeks, has taken its toll, both on individual investors and on businesses. >> you're trying them all? >> yes. >> that's a lot of root beer. >> reporter: opening a business is always tough. opening one in this environment, well, we have plenty of good reasons why that's crazy. >> thanks. have a good day. >> reporter: but at rocket fizz, which sells all sorts of candy and pop, you'll remember from your youth, business is pretty sweet. >> a lot of people are willing to give up a lot of things. they give up buying a nice, expensive watch or the latest electronic device. but people are willing to say, i deserve a soda. i deserve a piece of chocolate or something like that. and it's not that much of an investment. >> you know what? you know the downfall of wall street? greed. >> reporter: across town, they're not giving up coffee, either. but they are concerned about the future of their money. >> we're going to be, you kn
its funders, the founder of linkedin. back to you. >>> still to come here at 6:00, keeping neighborhood businesses going in tough times. how the fight over statewide development agencies is playing out in one south bay community. >>> also, school hasn't even started yet, but a lot of students are already feeling the cuts. why california college students are bracing for another round of fees. >>> and seeing art in a whole new light. how one woman is on a mission to bring art to the public. >>> and good evening. i'm chief meteorologist jeff pineary. we'll let you know how far that fog is going to be spreading inland. on the mild side in san jose at 77. we'll tell you about some 90-degree temperatures coming back. >>> we continue to follow our breaking news out of san francisco. the bart protests are once again causing commuting headaches for thousands of people coming in and out of the city. this is video last hour. the last hour and a half, the protests have been happening. the civic center station in san francisco remains shut down. the powell street bart station has just r
a barrel near the mid-february high. gases prices may go down a bit. linkedin record its earnings better than expected. but its shares are down almost 5%. and san jose-based brocade communications makes network gear says it will miss revenue projections when it reports earnings monday. its shares are down 25%. >> ow. >> frank and grace? >> can you coin that phrase, absolute beatdown? >> reporter: we heard that yesterday. all sort of euphemisms. none good. hopefully better today. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> well, is he in or out? anyone thinking about running for mayor in san francisco needs to decide very soon. >> that's what a lot of people are wondering what ed lee's plans are. he joins cbs 5 political insider phil matier. good morning. >>> good morning. [ chatter ] >> good morning. mayor lee, okay, right in the middle of something. all right, look. >> good morning, phil. >> good morning to you. >> forget that. [ laughter ] >> let's get right to it. are you running for mayor again? >> i haven't decided. i'll decide this weekend. >> oh, come on. you'
or linkedin and watch it online. find out more about it on abc7news.com. >>> this morning, amber alert has been canceled but many questions remain after a 16-year-old boy reportedly kidnapped yesterday afternoon suddenly turned up free. abc7's amy hollyfield joins us live from the police department department. >> police are working this one. we ask the dispatcher to talk to the arresergeant for an update but they said the sergeant was busy. this is a picture of the boy that disappeared. 16-year-old hasan ford. they say he is safe but they haven't seen or talked with him but there is reason he has had contact with his family and he is okay. the amber alert was issued when owner of the barbershop was robbed with sawed-off shotgun. the 16-year-old works at the barbershop. the owner said he was ordered to the ground and did not want to be identified on television. >> at that point, when he figured out which key was mine after i told him which vehicle was mine, he got up and was leaving. at that point, hasan was coming in from theer rapid he was -- of theer rapid he was running for me. and he t
's going to start slow rolling out these games in waves. >>> linkedin said it will no longer display users names and photos in social ads. this week users began protesting the new form of advertising, called social ads. it promoted ads or services they recommended or companies they followed by using members' names and photos. now the social ads will only tell you when people in your network make a recommendation as opposed to showing their name or photo. >>> england's prime minister says he's looking into blocking social networking sites and messaging services in the event of violent unrest. government leaders are working with law enforcement agencies and tech companies to explore the option. tlae people have already been arrested on suspicion of using social media and messaging to encourage rioting. critics say silencing people in that way would only make people more angry. in all more than 1200 people have been arrested in england after five days of rioting. it all started on saturday as a peaceful protest. people upset with the fatal police p shooting of a father of four. >>> we've all
linkedin and find thousands of job if you're looking to work in tech. >> now we're seeing some of the seeds planted years ago come to fruition and real business models with real earnings and with that allows us to see is hiring. >> reporter: and how's this for a silicon valley surprise? construction otherwise taking a beating in california, putting boots on the ground along 101 in san jose. >> we're looking at funding going into infrastructure improvements which create jobs. >> reporter: lots of jobs thanks to a $156 million boost from the state that will fund multiple roadway projects. >> it's a lot of jobs for people on the projects. it's improving the roadways so people can get to jobs. it's a significant boost to the economy. >> reporter: california is trying to dig itself out of a pretty big hole these days, but there is some strength to grow on. >> and how tough are jobs to come by? the banking industry still shrinking. bank of america announcing 3,500 new job cuts today and, yes, as we said, there are jobs in tech, but arguably the biggest tech story of the week comes from a company
look is valley road and linkedin. here is a check on weather and the weather center. hawks >> we wanted to show you this shot. the bridge was socked in this morning. some pretty dense fog hanging on to the clothesline. by the afternoon, temperatures will be much cooler. a significant drop in those temperatures, 60s along the coast, '70s and '80s as a head to some of those inland locations. more on temperatures and a full look at your forecast coming up. we will be right back after this break. >> hurricane irene has strengthened to a category three with winds of 115 mi. per hour. we just get an update on the forecast from the national hurricane center. a major hurricane, a category 3 making its way through the bahamas. it is expected to stay a category three as a high of the storm brushes past the of our banks of the carolinas. tropical forest storm winds in washington d.c. and philadelphia. it will stare hurricane as it moves over the eastern half of long island. some very heavy rain and wind. the entire east coast is bracing for possible effects of hurricane irene. >> we have the lates
and closed around $579. if you are looking for new, more affordable option, experts suggest linkedin. their shares opened around $101 and closed around $91. >> we want to get you, on the weather forecast for this week and as we take a live look outside of san francisco. overcast skies, fog and drizzle in some parts of the bay area as well. >> once again fall is " to be the story out there today and through the weekend. dense fog and drizzle to the close to the clothesline. as we head into the afternoon, temperatures will be cooler out there today for our inland valleys. we will drop several degrees and a few degrees for the bayshore is. as we head into tomorrow dense fog and drizzle will return but would plus the a lot of change in terms of temperatures. more on the forecast coming up in just a bit. >> " in the east bay, in oakland, about one dozen additional police officers will be controlling this weekend. they were just rehired as a recent spike in violence hit the city. there will be covering some of the most dangerous areas and oakland. >> they are sons, husbands and fathers. th
affordable option, the experts suggest linkedin. >> despite some somewhat positive job news that we got this morning dan kerman tells us that there are still a lot of unemployed people that are struggling to find work. >> at the state unemployment office in sunnyvale, they see about 200 to 300 job seekers each day. >> i have been out of work for a little over three years now. >> i am an electrician and not finding a lot out there right now it is tough to get a job. >> this is the equipment support engineer transitioning over to i t. >> everyone's about two to five years' experience and i did not have that but i do have the knowledge it--and i'm just looking for someone to give me a chance. >> on dreamworks and customer service. >> i have been looking for about two years and i think it does have to stay positive. >> those that run the center say that hiring is on the increase as an example at this center, they have a group of job seekers looking for technology jobs. they say within the last four months, 90 of them have found work which they say is definitely an increase over the
. >> you want people to remember to use social media very witzly and carefully. >> used linkedin, and search with connections with people who have jobs. same high school, sorority, from a fraternity, church. get in there. >> keep your credit in good shape. >> this is hard for people. >> easier said than done. >> even if you can make only the minimum payment, make sure that you make them on time. employers are checking. >> thank you appreciate it. >>> wear that, not this. abercrombie & fitch offers to pay the situation from jersey shore not the wear its clothing. that after this. ♪ why settle for a one-note cereal? get more with honey bunches of oats. four nutritious grains come together for more taste, more texture, more healthy satisfaction. have a bowl of happy. ♪ hershey's chocolate syrup. stir up a smile. on today's show, keep your photos right at your fingertips. literally! ok. can you zoom in on this? ok. this is my boyfriend. this is my mom and dad. robin, you ok? whatcha doin'? oh, dealing with a slight underwear malfunction. oh, you need hanes panties. they don't rid
Search Results 0 to 12 of about 13

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